Gas Station Chains Cut Petrol Prices
At a meeting the day before, Zelensky had asked for this.
Petrol and diesel prices at gas stations of major retail chains fell by UAH 0.5–1 per litre on Tuesday, December 24.
This is reported by enkorr, citing daily retail market monitoring data from Consulting Group A-95.
At OKKO and WOG stations, petrol and diesel got 50 kopecks per litre cheaper. Amic cut the petrol price by 80 kopecks per litre and the diesel price by 70 kopecks. In the consolidated network of the Privat group, which had not previously responded to other operators' price cuts, all fuel became 1 hryvnia per litre cheaper.
On Monday, December 23, Ukrainian President Volodymyr Zelensky held a meeting with representatives of fuel market companies, the oil and gas production industry, and gas station networks. The head of state proposed responding more actively to the strengthening of the hryvnia and, instead of discounts in loyalty programmes, reducing petrol prices for everyone.
As enkorr notes, citing the words of meeting participants, officials named a benchmark price of $1.1 per litre (UAH 25.6 per litre at the current exchange rate), which the market had seen in December 2018. The Presidential Office expected price changes as early as the next day, December 24.
Representatives of fuel market companies also spoke about the problem of illegal gas stations. According to their data, almost 25% of gas stations operate outside the law. Illegal oil refineries also operate. Zelensky promised to actively fight the illegal market and to hold a meeting with law enforcement agencies on this topic in early 2020.
Earlier, in early December, the Antimonopoly Committee expressed concern over the level of retail petrol and diesel prices. It recommended that major fuel station chains reduce prices.
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